KOTLÁNOVÁ, Eva. Income Inequality and Social Spending. In 12th Internation Conference "Challenges of Europe: Innovative Responses for Resilient Growth and Competitiveness". Split: University of Split, 2017, p. 12-20. ISBN 0000000000.
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Basic information
Original name Income Inequality and Social Spending
Authors KOTLÁNOVÁ, Eva (203 Czech Republic, guarantor, belonging to the institution).
Edition Split, 12th Internation Conference "Challenges of Europe: Innovative Responses for Resilient Growth and Competitiveness" p. 12-20, 9 pp. 2017.
Publisher University of Split
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50202 Applied Economics, Econometrics
Confidentiality degree is not subject to a state or trade secret
Publication form storage medium (CD, DVD, flash disk)
RIV identification code RIV/47813059:19520/17:00010842
Organization unit School of Business Administration in Karvina
ISBN 0000000000
Keywords in English Income Inequality; Social Spending; OECD; Panel Data Analysis
Changed by Changed by: RNDr. Daniel Jakubík, učo 139797. Changed: 7/2/2020 10:57.
Abstract
Over recent decades income inequality has increased in many advanced economies (which is attributed to a range of factors), it can be detrimental to achieving macroeconomic stabilityand growth and some authors believe that it was one of the main causes of the 2008 global financial crisis. The aim of this paper is to determine the effect, which have social spendingon income inequality because this instrument of fiscal policy should play a significant role in reducing income inequality. The selected representative sample consists of 34 OECD member countries in the period 2000-2014. As the dependent variable approximating income inequality is used the Gini coefficient, one of the best known and used measures of income inequality, prepared in accordance with OECD methodology. To approximate the impact of social spending on income inequality the dynamic panel data model is used. In the analysis we give a special attention to V4plus countries (Austria, Czech Republic, Hungary, Poland, Slovakia and Slovenia).
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